Budgeting, forecasting and financial control for managers
Budgeting, forecasting and financial control for managers
A manager-level course on running the numbers of a business unit: management accounting principles, driver-based budgets, rolling forecasts and variance analysis, cash and working capital, and investment appraisal with the reporting changes IFRS 18 brings. Five modules, each with a worked example, and a 10-question final quiz. Based on cited public frameworks and standards. Not an accredited qualification.
What you will learn
- Explain and apply: Apply management accounting principles to give managers relevant, decision-ready information.
- Explain and apply: Build a driver-based budget that links activity to cost and revenue.
- Explain and apply: Run rolling forecasts and explain variances by price and volume.
- Explain and apply: Manage cash and working capital using the cash conversion cycle.
- Explain and apply: Appraise investments and prepare for the reporting changes of IFRS 18.
modules
- Finance as decision support
- Building a driver-based budget
- Rolling forecasts and variance analysis
- Cash and working capital
- Investment appraisal and reporting under IFRS 18
Management education only. It is not accounting, tax or investment advice and not an accredited qualification. Standards are summarised from the cited official pages as read on the access date; check effective dates and local adoption. Figures in worked examples are illustrative.